UK Mortgage & Property Related News
Labour’s controversial proposals under consideration for the reform of property taxation appear to be leaving landlords high and dry – and paying the stamp duty surcharges they already face.
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There are more fresh offerings in the UK’s buy to let mortgage sector as lenders roll out competitive products tailored for landlords.
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With Parliament in Recess for the summer, the Renters’ Rights Bill is now set to be passed into law in early September.
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A former Tory minister has argued that landlords must be allowed to charge whatever rent the market will bear.
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New research from LRG, the agency group previously known as Leaders Romans, reveals that leasehold structures are creating a growing barrier to progress in the rental sector, limiting upgrades, pushing landlords away from flats, and lowering tenant confidence in how buildings are managed.
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Accord and Landbay have announced updates to their buy-to-let mortgage products to help landlords.
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Landlords receive a tax credit equal to 20% of their mortgage interest payments.
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Rushanara Ali was accused of hypocrisy after claims she removed tenants before rent rise of almost £700 a month.
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Some residential landlords quitting the PRS appear to have moved their investments into the commercial sector, particularly offices.
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One in five (20%) buy-to-let companies set up in the UK so far this year are owned by international landlords (non-UK national shareholders).
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